NOT LISTED FOR SALE

Estimated Value: $1,262,300 - $1,430,000

2 Beds
2 Baths
1,188 Sq Ft
$1,140/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $799,000 $673 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,108/month

739 Days on Market

About This Home

As of October 2018

Amazing two unit opportunity just blocks from the beach offering the option to rent both sides or live in one and rent the other. This home is ready for you to move in or have out of town guests enjoy the best of Ocean Beach. The fully fenced yard is drought resistant with the artificial turf, rock embellished flower beds, pergola covered patio for barbecuing, and new exterior paint. Enter through the front door of the main unit and take in the warm colored flooring and coved ceilings

Last Agent to Sell the Property

John Reeves

John Reeves License #01861983 Listed on: 08/22/2016

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,767

Year Built

  • Built in 1940

Lot Details

  • 3,650 Sq Ft Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 448-562-01-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,767

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Amazing two unit opportunity just blocks from the beach offering the option to rent both sides or live in one and rent the other. This home is ready for you to move in or have out of town guests enjoy the best of Ocean Beach. The fully fenced yard is drought resistant with the artificial turf, rock embellished flower beds, pergola covered patio for barbecuing, and new exterior paint. Enter through the front door of the main unit and take in the warm colored flooring and coved ceilings
  • Living Area: 1188
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 631.31

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 83332
  • Assessed Land Value: 357144
  • Assessor Parcel Number: 448-562-01-00
  • Geocode Override: No
  • Lot Size Area: 3650

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.00
  • Number Of Units: 2
  • Total Annual Expense: 12720
  • Type Of Units: R-4
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Sep 5, 2018
Sold by
Leblanc Justin
Bought by
Hart Renata
Seller's Agent
John Reeves
John Reeves
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$749,999
Sold Price
$799,000
Premium/Discount to List
$49,001
6.53%
Current Estimated Value
$1,354,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,825
Avg. Annual Appreciation
7.84%
Original Mortgage
$580,150
Outstanding Balance
$504,883
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$849,942

Purchase Details

Closed on
Jul 16, 2012
Sold by
Leblanc Justin and Leblanc Justin Michael
Bought by
Leblanc Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,330
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Oct 25, 2011
Sold by
Koller Kevin
Bought by
Leblanc Justin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,750
Interest Rate
3.87%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hart Renata $799,000 Ticor Title San Diego Branch
Leblanc Justin -- Lawyers Title
Leblanc Justin Michael $407,000 Chicago Title
Koller Kevin -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Renata $580,150
Previous Owner Leblanc Justin $415,330
Previous Owner Leblanc Justin Michael $415,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $799,000 +6.5% $673 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/22/2016 08/22/16 For Sale $749,999 -- $631 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,767 $891,294 $803,171 $88,123
2024 $10,767 $873,819 $787,423 $86,396
2023 $10,529 $856,686 $771,984 $84,702
2022 $10,249 $839,890 $756,848 $83,042
2021 $10,179 $823,422 $742,008 $81,414
2020 $10,056 $814,980 $734,400 $80,580
2019 $9,877 $799,000 $720,000 $79,000
2018 $11,281 $449,284 $364,286 $84,998
2017 $80 $440,476 $357,144 $83,332
2016 $12,552 $431,841 $350,142 $81,699
2015 $7,837 $425,355 $344,883 $80,472
2014 $4,865 $417,024 $338,128 $78,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-378580

The MLS

APN: 448-562-01